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Industry news

Increase in market demand: revenue of GD in the first quarter increased year on year

Time:2020-05-08 Views:437
Recently, Zhaoyi innovation released the latest financial report. According to the data, in the first quarter of 2020, Zhaoyi innovation achieved a total revenue of 805 million yuan, a year-on-year increase of 76.51%; the net profit attributable to shareholders of listed companies was 168 million yuan, a year-on-year increase of 323.24%.
Zhaoyi innovation said that in the first quarter of 2020, the financial report soared year-on-year, mainly due to the increase of demand in the consumer and Internet of things markets in the same period, while in the first quarter of 2019, the market demand was weak due to the trade friction between China and the United States.
According to the data, the main products of Zhaoyi innovation are flash chip products, micro controller products and sensor products newly added in 2019, of which the flash chip products are mainly of NOR flash and NAND flash.
At present, Zhaoyi innovation is actively expanding its product line. In 2019, Zhaoyi innovation adjusted the company‘s organizational structure according to business operation, and established three business unit structures with storage + MCU + sensor as the core. The existing business layout is divided into three directions: storage, MCU and sensor.
For the development strategy in 2020, Zhaoyi innovation said that in 2020, the company will continue to focus on the development strategy and direction, continue to increase investment in technology and product research and development, improve the stock market share, grasp the incremental market in emerging fields, strengthen the core competitiveness of technology and products, and vigorously promote the layout of product lines and production capacity.
Among them, in terms of NOR flash products, in 2020, Zhaoyi innovation will realize the overall mass production of 55nm process products and improve the product capacity, and continuously launch competitive diversified products for 5g base station, aiot, smart city, wearable application and other fields.
In terms of NAND flash products, Zhaoyi innovation will realize mass production of 24nm process platform products in 2020. Meanwhile, aiming at SLC NAND products, it will improve product capacity and launch medium and high capacity solutions to meet the market demand of mobile terminals, intelligent products and medium and high capacity. It will continue to develop new growth points in the field of aigt driven by 5g.
In terms of MCU products, Zhaoyi innovation will continue to strengthen the product safety function and provide customers with safe and reliable wireless MCU with rich functions. At the same time, with the general MCU products, expand the power management and motor drive control products to provide low-power and high-performance power solutions for consumption, industry and new energy technologies.
In terms of sensor products, in the optical direction, Siri micro will further complete the large-scale industrial application of innovative products such as ultra-small package lens optical fingerprint products, ultra-thin optical fingerprint products and large area TFT optical screen fingerprint products in 2020, and launch flexible large area optical fingerprint; in the ultrasonic direction, based on the structure and process of the developed ultrasonic transducer, Siri micro will build Equipped with the edge signal processing system, further expand its application in human-computer interaction, physical signs monitoring and automotive electronics.
It is worth noting that as Chinese mainland flash memory chip design company, mega innovation is also actively integrating industrial resources, layout DRAM products, further expanding and enriching the company‘s product line, enhancing the company‘s core competitiveness and industry influence.
In September 2019, Zhaoyi innovation released the plan for non-public issuance of shares, and the total amount of funds to be raised will not exceed 4.3 billion yuan, which will be used for independent research and development and industrialization projects of DRAM chips and replenishment of working capital. The development goal of the project is to develop DRAM technology in 1xnm (19nm, 17nm) process, design and develop DDR3, lpddr3, DDR4, lpddr4 series DRAM chips.
Zhaoyi innovation said that in 2020, it will continue to promote the company‘s non-public issuance of shares, and it plans to raise no more than 4.3 billion yuan to research and develop DRAM technology under 1xnm process, and further expand the type and scale of the company‘s memory products. In addition, the company will continue to promote Hefei 12 inch wafer memory R & D project cooperation, and explore various cooperation modes in DRAM product sales, OEM, and engineering end.
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